Commercial Greenhouse Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016 to 2021 and Forecast 2022 to 2028

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Global Commercial Greenhouse Market By Greenhouse Type (Plastic Greenhouse and Glass Greenhouse), By Equipment (Cooling Systems, Heating Systems, and Others), By Crop Type (Nursery Crops, Flowers & Ornaments, Fruits & Vegetables, and Others), and Geography

 

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Report

Description

The Commercial Greenhouse Market valued at USD 31 billion in 2021 and expected to reach USD 66.42 billion by 2028 growing at a CAGR of 11.5% during the forecast period 2022 to 2028. The commercial greenhouse is a structure made chiefly of roof and walls by using a transparent material such as glass, where plant requiring climatic conditions are developed. The size is varied from a small shed to industrial-sized buildings. Majority of these greenhouses have high technology production facilities for flowers and vegetables. These are filled with equipment such as heating, cooling, screening installations, and lighting among others. Commercial greenhouses provide better yield compared to traditional agriculture methods. Commercial greenhouse market is expected to expand at a significant CAGR owing to increase in urbanization coupled with the decrease in arable land. Increase in preference for rooftop farming in developed countries, a rise in demand for food consumption, and technological advancements in the greenhouse farming are expected to propel the revenue of commercial greenhouse market. Moreover, companies are focused on the acquisitions and mergers, collaborations, and innovative products are the strategies followed by the companies for increasing their revenue in market. For instance, in October 2016, Gibralter Industries, Inc. acquired Nexus Corporation for strengthening its position in United States commercial greenhouse market. In addition, in February 2013, Rough Brother Inc. and Golden Pacific Structures have inked an agreement to merge their business under Rough Brother Greenhouse line.

Commercial Greenhouse Market

MARKET SUMMARY
-
11.5% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–11.5%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Commercial Greenhouse Market

  • The report on global Commercial Greenhouse Market gives historical, current, and future market sizes (US$ Mn) on the basis of type of greenhouse type, equipment, crop type and geography.
  • Commercial Greenhouse Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Lumigrow (U.S.)
  • Richel Group SA (France)
  • Logiqs (The Netherlands)
  • Rough Brothers, Inc. (U.S.)
Dynamics

Commercial Greenhouse Market

Increase in the demand for food consumption, decrease in arable land due to increase in population, sudden changes in environmental conditions and rise in demand for vertical or rooftop farming are anticipated to fuel the commercial greenhouse market. Moreover, the higher yield of products compared to traditional agriculture, rapid urbanization, and technological advancements are propel the commercial greenhouse market over the forecast period. However, a high cost of greenhouse set up especially for HVAC systems and LED grow lights, and lack of awareness about commercial greenhouse in undeveloped regions are impede the growth of the market over the forecast timeframe.


North-America got significant share

Commercial Greenhouse Market

Global commercial greenhouse market segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North Americais growing due to increase in the preference for rooftop farming, changes in environmental conditions, and innovation of modern technologies in greenhouse equipment. is rising due to the adoption of greenhouse automation technologies, a rise in R&D activities in Europe. Greenhouse automation, material handling, and lighting, and increase in agriculture production in France, UK, and Germany are witnessed to boost the market. has a significant growth attributed to the adoption of greenhouse farming techniques, increase in food consumption due to rise in population, and rapid urbanization is fueling the market. is projected to grow due to sudden changes in environmental condition leads to crop damage, better product yield comparable with traditional agriculture methods, and adoption of newer technologies are increasing the revenue of commercial greenhouse market. The Middle East and Africa is upsurge due to government support for greenhouse farming. For instance, in August 2017, Taraba state government (Nigeria), launched greenhouse farming and harvesting of exotic vegetables for sale in within and outside Nigeria.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Commercial Greenhouse Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Argus control systems ltd. (U.S)
  • Lumigrow (U.S.)
  • Richel Group SA (France)
  • Logiqs (The Netherlands)
  • Rough Brothers, Inc. (U.S.)
  • Heliospectra AB (Sweden)
  • Certhon (U.S.)
  • Hort Americas, LLC (U.S.)
  • Gibralter Industries (U.S.)

Description

The Commercial Greenhouse Market valued at USD 31 billion in 2021 and expected to reach USD 66.42 billion by 2028 growing at a CAGR of 11.5% during the forecast period 2022 to 2028. The commercial greenhouse is a structure made chiefly of roof and walls by using a transparent material such as glass, where plant requiring climatic conditions are developed. The size is varied from a small shed to industrial-sized buildings. Majority of these greenhouses have high technology production facilities for flowers and vegetables. These are filled with equipment such as heating, cooling, screening installations, and lighting among others. Commercial greenhouses provide better yield compared to traditional agriculture methods. Commercial greenhouse market is expected to expand at a significant CAGR owing to increase in urbanization coupled with the decrease in arable land. Increase in preference for rooftop farming in developed countries, a rise in demand for food consumption, and technological advancements in the greenhouse farming are expected to propel the revenue of commercial greenhouse market. Moreover, companies are focused on the acquisitions and mergers, collaborations, and innovative products are the strategies followed by the companies for increasing their revenue in market. For instance, in October 2016, Gibralter Industries, Inc. acquired Nexus Corporation for strengthening its position in United States commercial greenhouse market. In addition, in February 2013, Rough Brother Inc. and Golden Pacific Structures have inked an agreement to merge their business under Rough Brother Greenhouse line.

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